The Ingestible Sensors market is expected to grow at CAGR of 18.7% to reach USD 2.18 billion by 2025.

An ingestible sensor is a type of sensor that transmits patient information to the physician to help them diagnose or treat particular medical conditions in a better manner. These products offer impetus opportunities to the healthcare professionals detecting disease conditions in the initial stages and also help constantly monitor the patients wirelessly.

In November 2017, the U.S. FDA approved the first pill in the U.S. with a digital ingestion tracking system named “Abilify MyCite”. It is prescribed for the treatment of acute manic, schizophrenia, and mixed bipolar disorder. The device is featured with an ingestible sensor to record medication data. Ingestible sensors are widely used in the detection of cancer conditions such as GI cancer. As per the World Health Organization, in 2018, more than 1,849,600 new colorectal cancer cases were recorded globally. Increasing cancer incidences coupled with the introduction of new devices to detect early-stage cancer will drive the industry growth. For example, Medtronic introduced innovative capsule endoscopy solution “PillCam COLON” to support the detection of polyps with a non-invasive, patient-friendly procedure. This non-invasive test enables to remotely visualize the GIT tract and colon to detect polyps and identify the first signs of colorectal cancer. On the flip side, strict government regulations and the high production costs will hamper the industry growth to some extent.

This study is designed to describe and analyzed the current range of technologies that make up ingestible sensor devices. This proposed research report provides a detailed overview of the current state and prospective pathways of ingestible sensing capsule technology. The report also presents the different capsule technologies currently being researched and used, discusses those factors carefully and concludes with the analyst perspective of the future direction of ingestible sensing pills and capsules.

Browse 129 Tables and 85 Figures spread through over 150 Pages and in-depth TOC on “ Ingestible Sensors Market, By Sensor Use (Pressure, Temperature, pH and Image Sensor), By Component (Wearable Data Recorder, Sensor, and Software), By Vertical (Sports, and Medical), By End-Use, and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Analysis, Share, Trends, Size, & Forecast from 2019 – 2025“
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KEY HIGHLIGHTS

• The sensor use segment is segmented as temperature, pressure, pH and image sensor. Of these, temperature sensors captured significant revenue share in 2018.
• Based on components, the market is viewed as sensors, wearable data recorders, and software. The sensor category recorded the highest revenue throughout the study period.
• In terms of vertical, the industry is divided into medical, sports, and other verticals. The end-user segment is bifurcated as healthcare providers, research institutes, pharma companies, and fitness organizations.
• In addition, many researchers and scientists are developing new applications for ingestible products.
• For example, California based non-profit health care company, Scripps Health has developed nano-sensors that can pass through the bloodstream and delivery signals to a smartphone. Such products help physicians in treatment for conditions such as heart attack, blood infections, or other cardiovascular disorders.
• Key manufacturers such as Given Imaging, Proteus Digital Health Incorporated, Microchips Biotech, CapsoVision, Inc., H.Q., Inc., and Olympus Corporation are profiled in detailed in this research study

The scope of this report covers the market by its major segments, which include as follows:

KEY MANUFACTURERS

• Medimetrics Personalized Drug Delivery B.V.
• Proteus Digital Health, Inc.
• Given Imaging
• Q., Inc.
• CapsoVision, Inc.
• MC10, Inc.
• JINSHAN Science & Technology
• Olympus Corporation
• IntroMedic Co. Limited
• Microchips Biotech, Inc.

MARKET, BY SENSOR USE

• Temperature Sensor
• Pressure Sensor
• Image Sensor
• pH Sensor
• Others

MARKET, BY COMPONENT

• Software
• Sensor
• Wearable Data Recorder
• Others

MARKET, BY VERTICAL

• Medical
• Sports
• Others

MARKET, BY END USE

• Fitness Institutes
• Research Institutes
• Pharmaceutical Companies
• Healthcare Providers
• Others

MARKET, BY REGION

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • Spain
  • United Kingdom
  • Rest of Europe
• Asia Pacific
  • India
  • China
  • South Korea
  • Japan
  • Singapore
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM
• Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • Rest of MEA